[ISC] Q. 22 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

Share your love

Solution of Q 22 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24

From the following data, prepare a Common-Size Statement of Profit & Loss of Star Ltd:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Revenue from Operations
Cost of Materials Consumed
Employee Benefit Expenses
Finance Costs
Tax Rate
10,00,000
5,00,000
1,00,000
10,000
40% of Profit before Tax
8,00,000
4,00,000
80,000
8,000
40% of Profit before Tax

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7197

Leave a Reply

Your email address will not be published. Required fields are marked *

x